With 41 Days til Mid-Terms, Americans Fear a Depression & Overwhelmingly 'Disapprove' of Biden

Biden's "Approval Rating" is underwater, at -19

WASHINGTON, D.C. (Texas Insider Report) — With the stock market tumbling – earlier this week falling below the 20% decline level which typically defines a downward slumping "Bear Market" – a majority of Americans now think it’s likely there’s an Economic Depression in the future.

The latest Rasmussen Reports national telephone and online survey finds that:
 

• 57% of American Adults believe it’s likely that the United States will enter a 1930s-like Depression over the next few years

This includes:
 

• 21% who think a depression is "Very Likely"
• 32% who don’t think a depression is "Likely," and another
• 12% who are not sure

These findings haven’t changed since May, when 55% said a depression was likely in the next few years.
 

• To see survey question wording, click here.

This survey of 1,000 American Adults was conducted on September 22nd and 25th, 2022 by Rasmussen Reports. The margin of sampling error is +/- 3% with a 95% level of confidence.

Daily Presidential Tracking Poll

The latest Rasmussen Reports Daily Presidential Tracking Poll released earlier today shows that:
 

• 53% of Likely U.S. Voters "disapprove" of President Biden’s job performance, while
• 45% of Likely U.S. Voters "approve"

The latest figures include:
 

• 41% who "Strongly Disapprove" of the job Biden is doing, and
• 22% who "Strongly Approve"
• This gives him a Presidential Approval Index Rating of -19

Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC.
 

• See methodology HERE.

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